Legal Structure

To ensure corporate adoption, FaaSFi utilizes a hybrid legal-technical framework.

ISDA Master Agreement Compatibility The International Swaps and Derivatives Association (ISDA) has developed the Common Domain Model (CDM) to standardize how digital derivatives are traded. FaaSFi's OBCD contracts are structured to map to ISDA standards.

• The Smart Contract: Handles the execution (custody of funds, calculation of odds, payout triggering).

• The Legal Contract: A standard "off-chain" PDF agreement generated alongside the OBCD. It references the smart contract address as the "Calculation Agent."

Enforceability By referencing the ISDA definitions within the smart contract metadata, FaaSFi ensures that the derivative is recognized in court. If a dispute arises regarding the oracle's data, the legal text serves as the ultimate fallback resolution mechanism. This dual structure provides the speed of blockchain with the safety net of the legal system.